South Okanagan residents could be paying more in taxes if the Regional District of the Okanagan Similkameen passes the draft budget for 2015.

The total budget has increased from $3.72 million to $4.14 million this year, mostly due to a $436,000 capital expenditure to renovate the RDOS building at 101 Martin St. in Penticton. There is also $100,000 decrease in the surplus from the previous budget.

The budget passed first reading on Jan. 22 and is now out for public consultation.

The average increase in cost for a homeowner in the RDOS will work out to $7.48/year.